Friday, November 2, 2007

Indosat confirms additional loan for network expansion

Indonesia’s second largest telecoms company by subscribers, PT Indosat, says it has secured an additional loan of IDR400 billion (USD44.4 million) from Bank Central Asia (BCA) to help finance its network expansion programme. The telco has now borrowed a total of IDR2 trillion from BCA. [more, telegeography]

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